Boliden News

Ship management and marine services company V.Group announced it has appointed Petter Traaholt as Chief Financial Officer and a member of the V.Group Board.Traaholt joined V.Group from Eltel Group where he was Group CFO, based in Stockholm. Prior to joining Eltel in 2017, he held a number of senior operations and finance roles in Wilhelmsen Holding ASA; initially combining roles as CFO and Deputy CEO of Wilhelmsen Maritime Service, then in 2010 becoming President of Wilhelmsen Technical Solutions.

Boliden is currently ramping up a new plant adjacent to its existing electronic scrap recycling facility at the Rönnskär copper smelter in northern Sweden - an expansion that will almost triple recycling capacity from 45,000 metric tons to 120,000 metric tons a year, making it the largest e-scrap recycling facility in the world. Rönnskär is an integrated metallurgical complex, which smelts and refines metals from mined copper concentrates and from recyclable materials like metal shred and electronic scrap.

Companies affected by the strike launched by about 3,000 members of the Finnish Union of Salaried Employees (TU) told the Finnish News Agency (STT) that the industrial action would have an impact within just days. Juha Heikinheimo, the head of the cruise and ferries division of Norwegian shipbuilder Aker Yards, said the company's Finnish yards, with a total workforce of about 4,000 people, would grind to a halt in a day or a couple of days. Outokumpu said its stainless steel production would halt very quickly while Rautaruukki, another Finnish steelmaker, assured that it could carry on with production but would have to shut down hot rolling and cutting lines. Boliden said production at its Finnish sites would continue thanks to extraordinary measures.